Rural Health Services Consortium Inc

Analysis

Rural Health Services Consortium Inc is a registered charity in United States, based in Rogersville, TN. It received its IRS tax-exemption ruling in March 1987, 39 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Rural Health Services Consortium Inc reported income of $38.7m and spending of $36.3m, spending 94% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $30.3m to $38.7m (+27%), an average of +6.3% a year. The sharpest change came in the year to March 2022, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rural Health Services Consortium Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Portland State University Foundation ($38.7m), Child & Family Services Inc ($38.7m) and Essential Access Health ($38.6m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 14% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $622k (1.7% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $71.9m against liabilities of $4.6m, net assets of $67.3m. It reported 298 employees.